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| Hello, N2K’ers! | Vote for this week’s big winner in our News Haiku™ competition in the poll below. Some absolutely fantastic entries this week, thank you. I’m so excited to see which entry takes the prize! | Now, let’s talk about the news you Need2Know? | —Matt Davis, Need2Know Chedditor | News You Need2Know | | If you like this newsletter, why not forward it to a friend so they can subscribe here? If you don’t, why not forward to an enemy? Thank you! |
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| | What’s the stock market up to, eh? | $SPX ( ▲ 0.03% ) $DJI ( ▼ 0.02% ) $NDX ( ▼ 0.01% ) | | Companies mentioned in today’s newsletter | $BLSH ( ▲ 9.75% ) $GOOGL ( ▲ 0.49% ) | | Trump’s pick to lead jobs bureau has some ideas | President Trump’s nomination of EJ Antoni to lead the Bureau of Labor Statistics (BLS) has sparked fierce debate, especially after Antoni proposed suspending the agency’s monthly jobs report. In an interview with Fox News, the conservative economist called the widely-referenced report "unreliable" and suggested focusing on less frequent, quarterly data instead. | “It’s a serious problem that needs to be fixed immediately,” Antoni argued, adding, “Until it is corrected, the BLS should suspend issuing the monthly job reports.” | Here’s EJ Antoni with the president in the Oval Office: |  | Is he wearing a “Peaky Blinders”-style pocket watch with that waistcoat? |
| Trump nominated Antoni, an economist at the rightwing Heritage Foundation — the think-tank behind the Project 2025 blueprint for Trump’s second term — to the BLS job on Monday. Since then, even conservatives have been skeptical of the choice.
“The hope was that he would pick someone . . . who people would have trust in and could lead the BLS in an appropriate way, with relevant experience and, ideally, not hyper-partisan,” Stan Veuger, senior fellow at the right-leaning American Enterprise Institute think-tank told the Financial Times. “EJ Antoni is really the opposite of that.” “Even the people who may be somewhat sympathetic to his economic policy views don’t think he’s qualified,” added Veuger. | The jobs data issued by the BLS is critical for policymakers, investors, and citizens to understand trends in employment, inflation, and economic health. Critics worry that halting the reports would undermine the agency’s mission. Senator Patty Murray, a top Democrat, did not mince words when she called Antoni a "partisan hack" and claimed his appointment would “shred the integrity of our nation's best economic and jobs data.” She warned that under Antoni, BLS data could become “make-believe.” | The nomination follows Trump’s firing of former BLS commissioner Erika McEntarfer after the agency reported a slowdown in job growth. Trump accused McEntarfer of “rigging” the numbers — a claim dismissed by many economists. | Jessica Riedl, a senior fellow at the Manhattan Institute, criticized Antoni’s past economic commentaries as “probably the most error-filled of any think tank economist right now.” Another Republican-affiliated economist said a vote to confirm Antoni would be akin to "eviscerating the BLS and its jobs data." | | | Song of the day: Chris Staples, ‘Familiar Kind of Blue’ | | Chris Staples’ new album “Don’t Worry” is receiving positive reviews for its introspective Americana style, minimalist approach, and personal, poetic lyrics. Critics highlight the album's warmth, soothing sounds, and its ability to explore both triumphs and regrets with an uplifting perspective on acceptance. Here are the lyrics to the chorus of this single: | Maybe I'll keep this to myself this time I got a twelve lane highway Running through my mind Maybe I keep it to myself this time I gotta find a quiet corner In my mind | Evocative, eh? | | Free yourself from advertising forever! | Now you can sign up for an optional ad-free version of Need2Know! Subscribe for just $5 a month, or $50 a year, and you can continue to enjoy this reasonably high-quality newsletter uninterrupted. Bonus: The immense satisfaction that comes from supporting journalism*! | | You Don’t Need to Be Technical. Just Informed | | AI isn’t optional anymore—but coding isn’t required. | The AI Report gives business leaders the edge with daily insights, use cases, and implementation guides across ops, sales, and strategy. | Trusted by professionals at Google, OpenAI, and Microsoft. |
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